D Chapter 2 Homework c l Not secure l ezto.mheducation.com/hm.tpx 16 1ite points

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D Chapter 2 Homework c l Not secure l ezto.mheducation.com/hm.tpx 16 1ite points value Consider the following account balances S 4,900 Dividends Cash Salaries Payable Prepaid Rent Accounts Payable Retained Eanings Salaries Expense S 400 1,600 700 Accounts Receivable 3,000 4,900 4,800 1,800 Advertising Expense 1,000 800 Rent Expense 1,200 Common Stock 1,700 Service Revenue Required: Prepare a trial balance, assuming that all asset, dividend, and expense accounts have debit balances and all liability, stockholders' equity, and revenue accounts have credit balances. List the accounts in the following order assets, liabilities, stockholders' equity, dividends, revenues, and expenses. (Omit the "S" sign in your response.) Trial Balance Accounts Debit Credit (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) Click to select) (Click to select) Click to select) (Click to select) Totals References eBook & Resources

Explanation / Answer

Accounts Debit Credit Cash      4,900.00 Prepaid rent          700.00 Salaries Expense      1,800.00 salaries payable          800.00 Accounts payable      1,200.00 Retained earnings      1,700.00 Common stock      4,900.00 Dividends          400.00 Service revenue      4,800.00 Accounts Receivable      3,000.00 Advertising expense      1,000.00 rent expense      1,600.00    13,400.00    13,400.00

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